Cleveland Browns, Trading Trent Richardson, Look To Future — Again

In trading running back Trent Richardson to the Indianapolis Colts for a first-round pick in 2014, they pitched last year’s No. 3 pick two games into the season and treated their real-life NFL franchise the way I handle my fantasy team. Don’t like the results? Start trading!
Source: http://www.latimes.com/sports/football/nfl/la-sp-farmer-nfl-browns-20130920,0,1858110.column

Through its J Aron commodities unit – where Blankfein got his start at the bank – Goldman is one of the biggest names in the commodity business. A series of acquisitions in the past few years gave Morgan Stanley a bigger physical presence and JPMorgan far more personnel. J Aron has a lower-profile role in many physical oil and metal markets than its two chief rivals, and the bank sold off its power plant unit last year. Still, Goldman has footholds in several markets, including a deal to supply crude and market fuel with refiner Alon USA Energy (ALJ.N), and owns metals warehouse firm Metro International Trade Services.
Source: http://www.reuters.com/article/2013/09/18/us-goldman-commodities-idUSBRE98H0N020130918

JPMorgan fined $920 million in ‘London Whale’ trading loss

Finance Ministry and will not increase or fund regulators’ budgets. The SEC does have the ability to use some of the fine money to compensate investors who can prove they were hurt by JPMorgan’s actions. But no such trading losses have yet been established. The money-losing trade was made with JPMorgan funds, not customers’ assets. None of the bank’s customers were hurt by the trading.
Source: http://money.cnn.com/2013/09/19/investing/jpmorgan-london-whale-fine/index.html

ClubCorp Rises in 1st Day Trading on the NYSE

Alternatively, copies may be obtained from Jefferies LLC, Attention: Prospectus Department, 520 Madison Avenue, 12th Floor, New York, NY 10022 (or by email to Prospectus_Department@Jefferies.com ) or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attn: Prospectus Department (or by email: prospectus@morganstanley.com ). This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. These securities will be offered only by means of a prospectus, including the prospectus supplement relating to the shares of common stock, meeting the requirements of Section 10 of the Securities Act of 1933, as amended. About Baltic Trading Limited Baltic Trading Limited is a drybulk company focused on the spot charter market.
Source: http://finance.yahoo.com/news/baltic-trading-limited-prices-common-124900634.html

Baltic Trading Limited Prices Common Stock Offering

priced the initial public offering of 18 million shares at $14 each. That’s below the projected range of $16 http://www.etftradingsignals.com to $18 per share, according to a regulatory filing. ClubCorp offered 13.2 million shares. A selling stockholder affiliated with KSL Capital Partners LLC sold 4.8 million shares.
Source: http://abcnews.go.com/Business/wireStory/clubcorp-rises-1st-day-trading-nyse-20317899

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